04.25.2024
US heating oil, distillate fuel consumption lower than usual in Q1
In the first quarter of 2024, US prices for distillate fuel oil — which includes diesel fuels for vehicles and for home heating — was lower than the...
Trading was mostly quiet today, but there was early week trading of choice white grease. With kills at 490,000 head today and at 2.73 million for last week, it’s reasonable to expect supply side pressure to weigh on nearby prices.
Cattle slaughter finished last week at 637,000 head, down 1.74 percent from a year ago and down 4.21 percent relative to the year prior. Slaughter is forecast to move gradually higher over the next six weeks. This week, slaughter is projected out at 640,000 head, down…